|
Title: Pension Post by: kerry red on Monday, June 29, 2015, 17:01:07 One of my pensions, which has obviously been paying out the same monthly amount since I cashed it in, has suddenly increased by neark
ly 50%. Any possible reason apart from an error? Title: Re: Pension Post by: Combe Down on Monday, June 29, 2015, 17:16:20 You're due to die sooner than the pension company originally calculated?
Title: Re: Pension Post by: Samdy Gray on Monday, June 29, 2015, 17:36:40 It could be a number of things and depends on what type of pension you arranged when you "cashed it in". When did you start taking the pension?
Without knowing any specifics, I'd speculate that it could be something as simple as a change to your tax code or if you have a "drawdown" pension as opposed to an annuity, it could be due to what's known as a GAD review. I'm an IFA so pensions are kind of my thing. If you want to PM me any further details I'm happy to take a look. Title: Re: Pension Post by: kerry red on Monday, June 29, 2015, 18:04:51 You're due to die sooner than the pension company originally calculated? That'd be Tails!Title: Re: Pension Post by: jayohaitchenn on Tuesday, June 30, 2015, 08:48:15 Inflation adjusted at a certain point?
|